Players Told To Save For Possible Lockout

Mark Maske, of The Washington Post, reports the NFL Players Association has advised players to save at least 25 percent of their salaries in each of the next two seasons to protect against the possibility of a lockout by owners in 2011. The union calls the program “25/25” and announced it on their website Tuesday, July 14. The director of the union’s financial programs and advisor administration, Dana Hammonds, said, “It’s essential that players are financially prepared to withstand the loss of income due to a lockout. A financially sound membership represents a strong bargaining group.”